• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Telegram will release its own currency on the TON platform

Telegram will release its own currency on the TON platform

user avatar

by Eve Adams

2 years ago


Starting June 12, the Telegram messenger will introduce an internal currency, Telegram Stars, for purchasing digital goods and services in bots and mini-apps. The company has notified developers about this innovation.

This initiative follows a warning from Apple regarding a violation of App Store policies, which prohibit accepting internal payments, including cryptocurrencies. Otherwise, bots and mini-apps could be removed.

Users will be able to purchase the new currency on the App Store or Google Play and use it for digital purchases. Payments for physical goods and services will remain unchanged. Developers will be able to withdraw Telegram Stars through the TON blockchain at any time.

Bot owners reacted negatively to the news, pointing out the 30% commission Apple takes from each payment.

It turns out that Telegram earns dollars from users who buy Telegram Stars, and then gives developers and bot owners tokens in the form of the unstable TON currency,wrote the author of the channel "Marzaganov Broadcasting."

"Kod Durova" suggested that the old scheme for purchasing digital goods and services would remain available in app versions downloaded outside the App Store and Google Play.

Previously, Telegram founder Pavel Durov reported that Apple had demanded to restrict access to content for Ukrainian users on iOS.

In April, at the Token2049 conference, Durov announced the possibility of purchasing digital goods with cryptocurrency in Telegram, promising sellers 70% of the revenue. The messenger also introduced a feature to send tips to content creators in digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Anthropic's Report Reveals AI's Potential for Self-Improvement

chest

A new report by Anthropic reveals that AI systems, particularly Claude, are significantly contributing to software development and may lead to recursive self-improvement.

user avatarLuis Flores

Israel's Crypto Disclosure Program Sees Disappointing Participation

chest

Only 58 individuals participated in Israel's voluntary crypto disclosure program, falling significantly short of expectations.

user avatarArif Mukhtar

Thunes Enhances US Payment Infrastructure with Real-Time Capabilities

chest

Thunes has officially launched real-time payment capabilities in the United States, enhancing its cross-border settlement infrastructure.

user avatarMaria Gutierrez

David Hoffman Highlights Lighter's Unique Features in Crypto Debate

chest

David Hoffman discusses the advantages of Lighter over Robinhood, focusing on its transparency, specialized features, and zero-knowledge system that enhances trust among traders.

user avatarZainab Kamara

XRP and SWIFT: A New Perspective on Global Payments

chest

Recent discussions suggest that XRP and SWIFT may not be direct competitors but rather part of a hybrid financial system.

user avatarDavid Robinson

Historic Mortgage Secured by Bitcoin Closed in Michigan

chest

A Michigan couple has made history by closing on the first government-backed mortgage using Bitcoin as collateral.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.